Fultz Magic Rally in 4th Quarter Outlast Clippers 113 108
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Gary Sánchez pinch hits for 2-run homer in 8th; Brewers rally for 7-5 win, series split with Pirates
Gary Sánchez hit a pinch-hit, two-run home run in the eighth inning to lift the Milwaukee Brewers to a 7-5 win over the Pittsburgh Pirates and a series splitABC News - Sports - MLB -
Elias Díaz gets key hit as the Rockies rally for a wild 10-9 victory over the Padres
Elias Díaz capped Colorado’s six-run eighth inning with a tiebreaking RBI double, and the Rockies beat the San Diego Padres 10-9ABC News - Sports - MLB -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
US economy grew less than expected in first quarter at 1.6% rate
Previous indicators of robust growth have set back expectations of Fed rate cuts and wrongfooted marketsFinancial Times - World -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Microsoft’s heavy bet on AI pays off as it beats expectations in second quarter
World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence. Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the second ...The Guardian - World -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.The New York Times - Business -
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.CNBC - Business -
NatWest Backs Guidance After First Quarter Tops Hopes
NatWest kept its 2024 guidance unchanged as its first-quarter income and profit fell slightly less than expected.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business